AGM Statement

Travis Perkins PLC 25 April 2001 25 April 2001 Travis Perkins Chairman Reports on First Quarter Trading and Outlook Commenting on trading in the current year, Tony Travis, chairman of timber and building materials supplier Travis Perkins plc, told shareholders at the Annual General Meeting in London today: 'Total sales in a competitive first quarter were five per cent ahead of those in the same period last year, with like-for-like sales up two per cent. Operating profits in the three months were at a similar level to the strong first quarter a year ago. 'I believe progress will be made as the year proceeds and that recent investments will help to sustain growth. While the current problems in the agricultural sector may have a modest effect on sales in the short term, lower interest rates should over time increase demand from the construction markets.' End Issued on behalf of Travis Perkins plc by Tavistock Communications Limited (Contact: Keith Payne, tel: 020 7600 2288).
UK 100

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